Agricultural Films Market- Roadmap for Recovery from COVID-19|Rising Need To Increase Agricultural Yield to boost the Market Growth | Technavio

Technavio has been monitoring the agricultural films market and it is poised to grow by USD 4.18 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

• What are the major trends in the market?
  The increasing adoption of biodegradable mulches is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 6.84% and the incremental growth of the market is anticipated to be $ 4.18 bn.
• Who are the top players in the market?
  Ab Rani Plast Oy, BASF SE, Berry Global Group Inc., Dow Inc., Exxon Mobil Corp., Groupe Barbier, Grupo Armando Alvarez, Kuraray Co. Ltd., LyondellBasell Industries NV, and RKW Group, are some of the major market participants.
• What is the key market driver?
  The rising need to increase agricultural yield is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 76% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ab Rani Plast Oy, BASF SE, Berry Global Group Inc., Dow Inc., Exxon Mobil Corp., Groupe Barbier, Grupo Armando Alvarez, Kuraray Co. Ltd., LyondellBasell Industries NV, and RKW Group are some of the major market participants. The rising need to increase agricultural yield will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Agricultural Films Market 2020-2024: Segmentation

Agricultural Films Market is segmented as below:

• Application
  • Mulch Films
  • Greenhouse Films
  • Silage Films
• Market Landscape
  • Linear Low-density Polyethylene
  • Low-density Polyethylene
  • High-density Polyethylene
  • Others
• Geographic Landscape
  • APAC
  • North America
  • Europe
  • South America
  • MEA

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Agricultural Films Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The agricultural films market report covers the following areas:

• Agricultural Films Market Size
• Agricultural Films Market Trends
• Agricultural Films Market Industry Analysis

This study identifies the increasing adoption of biodegradable mulches as one of the prime reasons driving the agricultural films market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Agricultural Films Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist agricultural films market growth during the next five years
• Estimation of the agricultural films market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the agricultural films market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of agricultural films market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application placement
• Mulch films - Market size and forecast 2019-2024
• Greenhouse films - Market size and forecast 2019-2024
• Silage films - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Ab Rani Plast Oy
• BASF SE
• Berry Global Group, Inc.
• Dow Inc.
• Exxon Mobil Corp.
• Groupe Barbier
• Grupo Armando Alvarez
• Kuraray Co. Ltd.
• LyondellBasell Industries NV
• RKW Group

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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